Identify the Business problem in this case.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Pearl Continental Hotel or PC Hotel is an elegant 5 Star Hotel in the central downtown of Karachi. The hotel offers all facilities of a 5-star hotel. It is well suited for both business & pleasure travelers to Karachi. Pearl Continental Hotel Karachi has 250 guest rooms, including Suits
The hotel's front office occupies a very important position in ensuring a loyal clientele for the hotel. The front office job is to interact with every outsider who steps into the hotel. The front desk takes care of all the needs of the guests. The most important jobs of the front office include making all the reservations, check-in, and check-out. In short, the front office or the front desk is the interface between the hotel and the outside world. Behind the scene are many people who perform various functions to keep the front office functions smooth.
From the very moment a traveler plans to make a stay in the hotel, the front office comes into the picture and interacts with the traveler on a daily basis till he leaves the hotel. The guests can be individual or the corporate guests. In the case of corporate guests, the bill is sent to the organization sponsoring the guest's stay.
Questions
- Identify the Business problem in this case.
Step by step
Solved in 2 steps